7, WEBB CLOSE, FRADLEY, LICHFIELD, WS13 8TF - £380,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 WEBB CLOSE is a small detached house of 108m², built sometime between 1983 and 1990. It was last sold for £380,000 in May 2022, which was around 15% below the average May 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

7 WEBB CLOSE Sold Prices

Land registry data shows two sales for 7 WEBB CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Both of the two 7 WEBB CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 26 MAY	£380,000	£448,607	15% below HPI
2002 28 JUN	£171,950	£176,647	3% below HPI

7 WEBB CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The two 7 WEBB CLOSE sales from June 2002 and May 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2002 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 7 WEBB CLOSE?

7 WEBB CLOSE is 108m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 30% of detached houses in Fradley South, based on EPC data. The below chart shows the distribution of detached houses by size in Fradley South, and where 7 WEBB CLOSE lies on this distribution: 27% of detached houses are smaller than 7 WEBB CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Fradley South.

7 WEBB CLOSE: Plot and Title Map

7 WEBB CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 7 WEBB CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 7 WEBB CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 7 WEBB CLOSE?

7 WEBB CLOSE is located in FRADLEY, in the WS13 postcode district. The below map shows the position of No. 7 on WEBB CLOSE.